Banking

Rhine Drought Reduces Barge Capacity and Pushes Freight Rates Higher

Record-low July water levels on Germany’s Rhine are forcing barges to carry less, raising freight costs and putting fuel and chemical shipments under...

Jul 14, 2026 • 5 min read

Banking

Three Former Crew Members Sue Thai Cargo Ship Operator After Hormuz Attack

Three former crew members allege unsafe routing and dismissal after a March attack left their Thai cargo ship inoperable.

Jul 14, 2026 • 5 min read

Banking

Mid-Year Catastrophe Reinsurance Rates Drop as Buyers Shift to Cat Bonds

Loss-free catastrophe rates fell 10% to 20% at mid-year renewals, while retrocession buyers increasingly used catastrophe bonds for peak exposures.

Jul 14, 2026 • 5 min read

Banking

Tennessee Board Upholds Benefits After Employer Fails to Prove Safety Rule Violation

The board found insufficient evidence that a temporary worker knew of or violated an enforced safety rule, upholding medical benefits and attorney fee...

Jul 10, 2026 • 5 min read

Banking

FedEx Worker’s Claim for Additional Medical and Disability Benefits Denied

A Tennessee appeals board upheld the denial after the worker offered no expert medical evidence linking ongoing symptoms to the workplace injury.

Jul 10, 2026 • 5 min read

Banking

University of Chicago Law School Limits Devices as Courts Confront AI Errors

UChicago will test device restrictions in first-year classes as Louisiana courts report more than a dozen cases of fabricated AI-assisted legal materi...

Jul 10, 2026 • 5 min read

Banking

3M and Chubb Unit Settle Bair Hugger Insurance Coverage Dispute

A confidential settlement closes a coverage dispute over Bair Hugger litigation, with 8,411 cases pending in Minnesota as of July 1.

Jul 07, 2026 • 5 min read

Banking

IMA Financial Names Rich Garner President of IMA Carolinas

Rich Garner will lead IMA Carolinas’ 75-person team across North and South Carolina, succeeding Jeff Haney, who becomes an executive adviser.

Jul 07, 2026 • 5 min read

Banking

Meta Puts $1.4 Trillion Figure on Four States’ Penalty Demand

Meta says four states are seeking $1.4 trillion in penalties ahead of an August trial over claims that its platforms harmed young users.

Jul 07, 2026 • 5 min read

Banking

Global Temperature Record Puts 2014 Climate Skepticism in Perspective

A NOAA temperature series through May 2026 revisits a 2014 argument that record global heat could be statistical noise.

Jul 03, 2026 • 5 min read

Banking

U.S. Jobs Report Shows Payroll Growth Below Forecast as Household Employment Trends Down

Payrolls rose by 57,000, half the consensus estimate, while household-based employment measures continued to weaken.

Jul 02, 2026 • 5 min read

Banking

Washington Fines Farm Contractor $692,750 Over Worker-Protection Violations

Washington cited Superbee Contracting for six violations affecting nearly 1,200 farmworkers across four counties and Oregon.

Jul 02, 2026 • 5 min read

Banking

Water Damage and Theft Outpaced Fireworks in July Fourth Home Claims

Mercury Insurance found water damage led July Fourth homeowner claims, while theft and vandalism rose nearly 23% versus a typical summer weekend.

Jul 02, 2026 • 5 min read

Banking

San Francisco Archdiocese Reaches $395 Million Settlement in Bankruptcy Case

The proposed $395 million deal would resolve the archdiocese’s bankruptcy case and compensate about 530 people who reported childhood abuse by priests...

Jun 29, 2026 • 5 min read

Banking

Parents win coverage fight over son’s death from “Ethanol Extraction”

The parents of a Massachusetts man who died after drinking a product called “Ethanol Extraction” have won a round in their fight to access insurance c...

Jun 29, 2026 • 5 min read

Banking

Abbott Formula Probe Ends With Civil Penalties, WSJ Reports

The Justice Department reportedly closed its criminal probe into Abbott over its Michigan formula plant, opting to seek repayment tied to federally fu...

Jun 29, 2026 • 5 min read

Banking

Liberty Mutual Balances Growth With Rising Casualty and Property Risks

Liberty Mutual sees softer property pricing and moderating casualty rates, while pursuing selective growth and using AI and capital to support clients...

Jun 26, 2026 • 5 min read

Banking

Acrisure Reports 3.4% Brokerage Revenue Growth as AI Cuts and Margin Pressure Mount

Acrisure’s brokerage revenue reached $3.75 billion in 2025, while integration costs, weaker retention and AI-led job cuts shape its next phase.

Jun 26, 2026 • 5 min read

Banking

School Generative AI Use Raises Oversight, Liability and Insurance Questions

Generative AI’s unpredictable outputs complicate school oversight and insurance, leaving districts to weigh student access against potential duty-of-c...

Jun 26, 2026 • 5 min read

Banking

Arthur J. Gallagher Revenue Rises 18.9% to $13.17 Billion in 2025

Gallagher grew revenue through acquisitions and organic gains, while expanding AI use and maintaining a $10 billion cash flow pool for deals.

Jun 26, 2026 • 5 min read